An almost ideal demand system with autoregressive disturbances for dairy products in Greece
An almost ideal demand system (AIDS) is used to estimate Greek milk, cheese and butter demand from 1960-91. The model is estimated with a correction for serially correlated errors which is proved justified. Elasticities obtained from the Rotterdam and Linear Expenditure models are compared to those obtained from AIDS.
Year of publication: |
1995
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Authors: | Xepapadeas, Anastasios ; Habib, Hassini |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 2.1995, 6, p. 169-173
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Publisher: |
Taylor & Francis Journals |
Saved in:
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